SEED_DONKEYDAN_MARKET_CAP:BONK has retested its 2024 floor price at $0.00001 - a zone that previously triggered strong upward moves. Could this be a reliable support once again and spark a 2x to 3x bounce from current market price at $0.00001135? What's your take - bounce or breakdown from here? Share your thoughts below! Kindly support this idea with a LIKE? if you find it useful? Happy Trading???
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (XRPUSDT 1D chart) https://www.tradingview.com/x/m0lWpQYQ/ Important support and resistance areas are - 2.5641, - 1.9513, - 1.5467. Among them, the 1.9513 point corresponds to the volume profile area, so it can be seen as an important support and resistance area. A trend is created when the 2.5641 or 1.5467 point is broken, so the trend is expected to be determined depending on which of these points is broken. - What you should pay attention to is that the OBV indicator is renewing the low. This time, if it rises above 2.2582 and maintains the price, we should see if the OBV rises and renews the high. If not, it is expected to fall below 1.9513. - Therefore, the first purchase period is when support is confirmed around 2.2582. The second purchase period is when support is confirmed around 2.5641. An aggressive purchase is when it falls below 1.9513 and then shows support again around 1.9513. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - This is an explanation of the big picture. I used TradingView's INDEX chart to check the entire range of BTC. I rewrote the previous chart to update it by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10). (Previous BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been following a pattern since 2015 and has been rising. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (Current BTCUSD 12M chart) https://www.tradingview.com/x/z7KccUWy/ Based on the currently written Fibonacci ratio, it shows up to 3.618 (178910.15). Fibonacci ratio 0.618 (44234.54) is not expected to fall again. (BTCUSDT 12M chart) https://www.tradingview.com/x/qnPyNIaV/ I think it is around 42283.58 when looking at the BTCUSDT chart. - I will explain it again with the BTCUSD chart. The Fibonacci ratio ranges marked in the light green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges. In other words, it seems likely to act as a volume profile range. Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28). Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section. To do that, we need to look at whether it can rise with support near 2.618 (134018.28). https://www.tradingview.com/x/QXrexgiP/ If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%. So, if the decline starts near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54). I will explain more details when the downtrend starts. ------------------------------------------------------
This is a follow-up to my previous warning about a potential CRYPTOCAP:BTC correction, published in December 2024: ? https://www.tradingview.com/chart/BTCUSDT/pVwLPXOj-BTC-MACD-on-weekly-show-a-bearish-trend-Read/ At this stage, CRYPTOCAP:BTC is at a critical juncture. If we compare the current situation to previous corrections, we can observe that the RSI has reached a potential reversal zone, and price action is currently showing some resilience. ? The $81K level appears to be strongly defended by the bulls. Two scenarios are now in play: 1️⃣ Bearish Continuation If the MACD continues its downward move and the RSI drops below 30%, we could see this consolidation phase extending until July 2025. In this case, CRYPTOCAP:BTC may revisit the $72K zone. 2️⃣ Bullish Reversal If the MACD has already bottomed out, we could witness a bullish rally over the next 3–4 months. This would likely propel CRYPTOCAP:BTC to a new all-time high. Unfortunately, the SPX500 correction adds a layer of uncertainty. Had the traditional markets not started to retrace, the odds of a solid bounce from current BTC levels would have been near 100%. For now, everything depends on how strong and well-funded the bulls are—can they offset macro pressure and prevent CRYPTOCAP:BTC from sinking with the TradFi indices? ? Do Your Own Research (DYOR)
Expecting a bounce back to major supply area before going further down
This is the perfect example of price and time squaring. I have used Gann technique , trend & Chart pattern. Then I can see that target will come for sure. And it give a overthrows as we well downside. Be watchful. Enjoy.
The $0.000005 - $0.000008 range has been a key support zone for Shiba Inu over the years. With a double-top "M" pattern in play since March 2024, and current market price at $0.00001231, CRYPTOCAP:SHIB is approaching this critical area once again. What do you think - will price test the zone, or is a pump incoming from here? Drop your thoughts! Kindly support this idea with a LIKE? if you find it useful? Happy Trading???
BTC Dominance – Are We Near the Altseason? BTC dominance has been rising recently, and many believe the real altseason will begin once BTC.D reaches 71%, just like in the previous cycle. However, it might happen sooner than expected. On the 1W timeframe, several signs are flashing: RSI is showing a bearish divergence that’s about to play out. Since January 2023, the MACD has been in overbought territory. Each time RSI peaked above 70%, we saw a rejection of 8–10%. It's currently at 68% and nearing that level again. On December 2nd, 2024, the structure was broken, but it has since re-entered its rising channel. ? https://www.tradingview.com/x/fPbB9peg/ On the Daily chart: BTC.D is approaching its cycle peak around 65%, which should act as a resistance and potential reversal point. Since the structure was already broken once, another downside break is highly probable. ? https://www.tradingview.com/x/kO5ikQ1r/ On the Monthly chart, it’s pretty clear we’re nearing the end of the BTC dominance cycle, and a rotation of capital is likely to follow soon. Now, there are 2 possible scenarios: Altseason starts at 65% in this cycle. Altseason starts again at 71%, mirroring the previous cycle. When you look at the Monthly chart, it’s easy to see that this cycle is different. With an overbought RSI, and a potential break of structure, a long-awaited MACD correction could be the trigger for the real altseason. ? DYOR (Do Your Own Research) ?
- price action has been consolidate for long time now start to breaking out. - holding well above 13 ema weekly - there is golden cross possibility.
I hope this get's featured ? The simplest macroeconomic review of NASDAQ you may see this year. It's all a fib retracement. That's all I have to say for now ? Share this with someone looking for a good review ? **Video was cut short by a minute or two but the general idea was complete
Possible rally in AAVE - pretty good fundamentals in defi. - divergence in weekly time frame - price at the support area. - price keep holding in this crucial support area in the middle of chaos tariff